Audio By Carbonatix
Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), says the Bank will, in 2026, focus on consolidating the macroeconomic gains achieved in 2025 while strengthening Ghana’s foreign exchange and money markets.
He said the Bank’s reform agenda for the year would prioritise measures aimed at improving confidence across the financial markets and safeguarding the stability restored in the past year.
Dr. Asiama said this at the Bank’s New Year media engagement in Accra, held to review the 2025 fiscal year and share expectations for 2026.
“For the Bank of Ghana, 2025 was a year of restoring macroeconomic stability, rebuilding confidence in policy, and re‑establishing order across key segments of the financial system. At the macroeconomic level, the Bank’s foremost priority was anchoring inflation expectations and restoring stability,” he said.
The Governor emphasised the crucial role of the media in promoting transparency in economic governance, describing a free, independent, and responsible press as a cornerstone of democracy.
He noted that although monetary and financial policy issues were often complex, journalists played a vital role in simplifying and clarifying such matters for the public. He announced that the Bank’s digital finance agenda for 2026 would focus on resilience and robust safeguards as usage continued to expand.
“Oversight will be strengthened to ensure consumer protection, sound governance, and system reliability, while innovation proceeds within clear regulatory boundaries,” he said.
Dr. Asiama said programmes introduced in 2025 and continuing into 2026, including those relating to gold and other reserves, would transition into more sustainable, institutional, and fiscally responsible arrangements.
“Our expectation as a central bank is not mere compliance but responsibility — accuracy, balance, and context,” he said.
He explained that the Bank’s policy decisions remained data-driven and forward‑looking, with a firm commitment to maintaining stability.
“We do not respond to pressure, we do not respond to speculation, and we do not respond to sentiments. We respond to evidence, risks, and the medium‑term outlook for price and financial stability,” he stressed.
Dr. Asiama reiterated that the Bank prioritised stability over speed, adopting policies that were sustainable even when difficult in the short term. He added that the central bank functioned
as an institution guided by established frameworks and collective decision‑making informed by rigorous analysis.
He highlighted progress made in capital market development in 2025, particularly ongoing discussions around encouraging bank listings.
“Working with market regulators and stakeholders, the Bank supported efforts to enhance the use of public markets to strengthen governance, transparency, and market discipline within the financial sector,” he said.
The Governor also announced the introduction of an internal media recognition initiative dubbed the Governor’s Economic and Financial Story of the Year, designed to promote accurate, insightful, and innovative reporting across traditional and digital platforms.
The winning journalist will be sponsored to attend the annual IMF–World Bank Meetings.
Dr. Zakari Mumuni, First Deputy Governor of BoG, lauded the gains made in the financial sector, noting that currency stability was a collective national achievement. He emphasised that central banking relied on trust, and urged the media to maintain responsible reporting to enhance public confidence.
Latest Stories
-
Turkish outfit Trabzonspor target Abdul Fatawu after Leicester City relegation
46 seconds -
One Vecta AI Summit 2026: The next wave of African startups will be AI-driven
47 seconds -
Anti-Galamsey coalition demands action on fuel access to illegal miners
8 minutes -
Serial sex offender Amponsah Thompson jailed for 23 years for raping teenagers in Liverpool
11 minutes -
Agazy International Tournament underway in Tema as scouts eye emerging talents
16 minutes -
GH₵100 donation at Maame Tiwaa funeral not from us – MUSIGA clarifies
20 minutes -
Sports Minister leads delegation to Ga Mantse for Black Stars World Cup prayers
31 minutes -
Global Media Alliance named among Top 10 PR Agencies in Ghana
39 minutes -
“When the sea comes home”: Nursing mother, baby escape death as tidal waves struck their home at Shiabu
39 minutes -
Pressure-driven marriages rarely end well — Dr Charity Ankrah
42 minutes -
ECG explains ongoing power cuts, cites infrastructure upgrades
44 minutes -
Esther Kyerewaa Twumasi puts Ghana on global agribusiness map at Macfrut 2026
46 minutes -
FiveSixFive Limited unveils PA Conference 2026 focused on tech and influence
56 minutes -
Ghana Maritime Authority rejects Sammi Awuku’s claims over vessel linked to Senegal narcotics probe
59 minutes -
New NPA bill proposes $80 LPG levy to fund cylinder recirculation
1 hour